Larrainvial Asset Management Administradora General De Fondos Sa (Santiago, Region Metropolitana)

Name: Larrainvial Asset Management Administradora General De Fondos Sa
Address: Avenida Isidora Goyenechea 2800,, Santiago, Region Metropolitana
Telephone: 562 2339 8500

Larrainvial Asset Management Administradora General De Fondos Sa is a large advisory firm based in Santiago, Region Metropolitana. It manages $5.95 billion of regulatory assets for 159 client accounts. It has been registered with the SEC as an adviser since 2018.

Larrainvial Asset Management Administradora General De Fondos provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Larrainvial Asset Management Administradora General De Fondos: assets under management

The assets under management (AUM) of Larrainvial Asset Management Administradora General De Fondos Sa is $5.95 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1148% since the beginning of its operation, and $5.95 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.95 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $37.43 million each.

Investments

The firm invests in investment grade corporate bonds the most. They account for 46% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 39% of the firm’s portfolio. Investments in exchange traded securities form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Larrainvial Asset Management Administradora General De Fondos Sa for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Larrainvial Asset Management Administradora General De Fondos serves?

The firm provides services to insurance companies, charitable organizations, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Larrainvial Asset Management Administradora General De Fondos is pooled investment vehicles with 59 clients and $5.51 billion of assets under management. Among the 10 most similar advisory firms, Larrainvial Asset Management Administradora General De Fondos has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.95 billion for 159 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.

Larrainvial Asset Management Administradora General De Fondos doesn't advise any private funds.

Careers at Larrainvial Asset Management Administradora General De Fondos Sa

The company employs 69 people that are either part- or full-time employees. 52 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

José Cerda Silva has served as the Chief Investment Officer since 1 Dec 2009 and Ladislao Vergara Larrain is the Chief Executive Officer of Larrainvial Asset Management Administradora General De Fondos Sa family office. Gonzalo Rodríguez joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Larrainvial Spa	Owner	1 Feb 2001	75% - 100%	foreign entity
Luis Francisco Skinner	Chief compliance officer	1 Dec 2006	Other	5742669
Tomás Langlois	Head of equities	1 Oct 2008	Other	6944710
Consorcio Financiero	Owner	1 Aug 2009	25% - 50%	foreign entity
José Cerda Silva	Chief investment officer	1 Dec 2009	Other	6944701
Ladislao Vergara Larrain	Chief executive officer	1 Jul 2011	Other	6944696
Gonzalo Rodríguez	Chief operating officer	1 Jul 2017	Other	6944707

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Leonidas Vial Echeverria	Owner	1 Dec 2012	75% - 100%	6944716
Rentas St Limitada	Owner	1 Feb 2013	25% - 50%	foreign entity

Based in Santiago, Region Metropolitana

The principal office where Larrainvial Asset Management Administradora General De Fondos Sa performs its advisory services is located at Avenida Isidora Goyenechea 2800,, Santiago, Region Metropolitana, , which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 562 2339 8500. The normal business hours are 9:00 - 18:00 on Monday - Friday. You can find more information about the New York firm at instagram.com/larrainvial.